Software Asset Management (SAM)

What is Software Asset Management (SAM)?
Software Asset Management (SAM) is a business process that maximizes a company's total investment in software solutions for optimal value and impact. The SAM model is used for purchasing, budgeting, managing, and using software in an organization. SAM is important to any company that uses software, especially large companies.
SAM is designed to reduce overall IT investment by maximizing software, IT response times, and user efficiency. SAM also facilitates organizational processes such as B. Stricter software license management controls, identification of software assets, and improved security and compliance in the software market.

SAM is an ongoing and evolving concept that, unlike other management concepts, is not based on time implementation. SAM evolved from critical organizational factors including intellectual property (IP) and audit risks such as: B. the unauthorized use of software.
Key SAM benefits include:

- Reduced total cost of ownership (TCO) for software
- Software inventory control
- Optimized and well organized software licenses
- Increased employee productivity
- Maximized return on investment (ROI)
- License and audit compliance
- Development of knowledge bases and best practices

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Further explanations for the first letter S.